Parabolic

Bitcoin

Bull Market

Rekt

<ul class="wp-block-list news-points"> 
 <li>Bitcoin could be one month away from a parabolic rally.</li> 
 <li>The BTC bull market has progressed 43% based on standard halving cycles.</li> 
 <li>BTC whales are eager to avoid a boring season with a flat YoY performance.</li> 
</ul> 
Crypto trader and analyst Rekt Capital predicts Bitcoin could see a parabolic bullish rally within a month. The analyst based his prediction on the flagship crypto’s historical behavior after the Bitcoin halving event. 
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 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> Bull Market Progress: ▓▓▓▓░░░░░░ 43.2% (Progress bar based on standard Halving Cycles)<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> <a href="https://t.co/4QCeY0D9Qy" target="_blank" rel="nofollow">pic.twitter.com/4QCeY0D9Qy</a>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1826527887664513522?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 22, 2024</a>
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In the post, Rekt Capital noted that the Bitcoin bull market is 43% complete, based on typical halving cycles. The analyst noted that it has been about 125 days since the last halving, and Bitcoin usually enters its parabolic phase around 160 days after halving. 
According to the analyst, the next Bitcoin parabolic rally will kick off toward the end of September if history repeats itself. Rekt Capital<a href="https://x.com/rektcapital/status/1825167403895922825" target="_blank" rel="nofollow"> supported</a> his prediction with an illustrative diagram, highlighting significant moments in Bitcoin’s price behavior since the previous …
The post <a href="https://coinedition.com/bitcoin-is-one-month-away-from-a-parabolic-bull-run-analysts/">Bitcoin is One Month Away From A Parabolic Bull Run – Analysts</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin is One Month Away From A Parabolic Bull Run – Analysts

Coin Edition

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